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News: Economy

Cyprus news in the “Economy” category — updated throughout the day.

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UBS Keeps Buy Ratings on Eurobank and Alpha Bank, Citing Cyprus and Wider International GrowthEconomy
Economy

UBS Keeps Buy Ratings on Eurobank and Alpha Bank, Citing Cyprus and Wider International Growth

After the third-quarter results, UBS retained buy recommendations on Eurobank and Alpha Bank, with target prices implying gains of about 21 and 18 per cent, while noting both lenders' expanding international activity, including in…

November 3, 2026
CySEC settles with Daventryx Limited for €40,000 over administrative services rulesEconomy

CySEC settles with Daventryx Limited for €40,000 over administrative services rules

The Cyprus Securities and Exchange Commission has concluded a €40,000 settlement with Daventryx Limited after a probe spanning…

November 3, 2026
Limassol to Hold Financing Dialogue on Aktaia Odos Waterfront Regeneration on November 10Economy

Limassol to Hold Financing Dialogue on Aktaia Odos Waterfront Regeneration on November 10

A November 10 event in Limassol will examine how state-backed guarantees and blended finance could draw private capital…

November 3, 2026
Cyprus government surplus climbs to €1.61 billion in January–September, Cystat saysEconomy

Cyprus government surplus climbs to €1.61 billion in January–September, Cystat says

Preliminary Cystat data show Cyprus's general government surplus grew by €442.1 million year on year to €1.61 billion,…

November 3, 2026
European Firms Expect Higher Sales in 2027 but Stay Cautious on Hiring and InvestmentEconomy

European Firms Expect Higher Sales in 2027 but Stay Cautious on Hiring and Investment

A Eurochambres survey of more than 40,000 entrepreneurs in 27 countries shows rising sales expectations for 2027, alongside…

November 3, 2026
Guinness turns its Dublin brewery history into a tourist businessEconomy

Guinness turns its Dublin brewery history into a tourist business

More than 260 years after Arthur Guinness signed a 9,000-year lease, the St James's Gate brewery draws crowds…

November 3, 2026
Demetra Holdings Plc Repurchases 1,769 Own Shares at €1.32 EachEconomy

Demetra Holdings Plc Repurchases 1,769 Own Shares at €1.32 Each

Demetra Holdings Plc announced on Tuesday that it repurchased 1,769 of its own shares on November 2, 2026,…

November 3, 2026
CSE to flag Epilektos Energeiaki shares over missing annual reportEconomy

CSE to flag Epilektos Energeiaki shares over missing annual report

The Cyprus Stock Exchange will mark Epilektos Energeiaki SA shares with an "S" from November 4, 2026, because…

November 3, 2026
Bank of Cyprus Expected to Post €119 Million Third-Quarter Profit, Alpha Finance-AXIA SaysEconomy

Bank of Cyprus Expected to Post €119 Million Third-Quarter Profit, Alpha Finance-AXIA Says

Alpha Finance-AXIA forecasts Bank of Cyprus will report third-quarter 2026 net profits of €119 million, with interest income…

November 3, 2026
Central Bank of Cyprus Sets 1% Systemic Risk Buffer for All Banks From December 2026Economy

Central Bank of Cyprus Sets 1% Systemic Risk Buffer for All Banks From December 2026

The Central Bank of Cyprus will require all authorised credit institutions to hold a 1 per cent systemic…

November 3, 2026
Christodoulides urges state and private sector to join forces on investment as study shows limited Limassol housing choiceEconomy

Christodoulides urges state and private sector to join forces on investment as study shows limited Limassol housing choice

President Nikos Christodoulides called for closer public-private cooperation on investment and housing, while an Ask Wire study found…

November 3, 2026